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Fourth in a Series How to Differentiate Yourself and Your Consultancy Five Ways to Raise Your Game - Adherence to a Code of Conduct By David Norman, FCMC, CMC-AF Continuing our series on Five Ways to Raise Your Game in Consulting, I take an additional step and suggest additional market differentiation through the understanding and use of a Code of (Professional) Conduct.
Assessing project and/or client profitability is a common challenge for many consulting firms. And if you’re not doing it right (or at all) your engagements could start showing symptoms of overruns, timeline/cost issues, and unhappy stakeholders across the board. Project Accounting and other similar methodologies can provide the necessary insights to get your engagements under.
Navigating the murky waters of transition can be an arduous voyage. The fear of the unknown often paralyzes us, causing us to retreat into familiar territories. As your host, I bring you a conversation with Dr. Chris Hoff, a man who boldly ventured into the unknown and emerged with a unique blend of business acumen and psychological insight. Chris, a former technology entrepreneur, shares his enlightening journey of metamorphosis - from a midlife crisis that led him to therapy, to eventually har
As self-employed professionals, we’re experts at helping our clients solve problems but we often struggle when it comes to building a healthy pipeline of leads. For most of us, prospecting for new clients is the very last thing we want to do. But what if there was a way to make it less of a chore and maybe even enjoyable? A few months ago, PICA hosted a webinar with Suzette Patterson , a sales and business development expert.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Great leaders dream of a better future – from business sustainability to growing future leaders, increasing speed to market, or operating with greater purpose. To turn those dreams into workplace realities, leaders set strategies. Unfortunately, many organizations keep strategic plans a secret and don't involve leaders outside the executive leadership team.
The pursuit of continuous learning and development has never been more imperative in the corporate world today. As organizations strive to keep pace with technological advancements, one innovation stands out as a potential game-changer in corporate learning and development: Artificial Intelligence (AI). Let’s explore AI’s profound impact on corporate learning and its implications for the future.
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Management Consulting Connection brings together the best content for management consulting professionals from the widest variety of industry thought leaders.
The pursuit of continuous learning and development has never been more imperative in the corporate world today. As organizations strive to keep pace with technological advancements, one innovation stands out as a potential game-changer in corporate learning and development: Artificial Intelligence (AI). Let’s explore AI’s profound impact on corporate learning and its implications for the future.
The future of work will not be determined by technology, but by creating the right mix of education, exposure, and experience needed to develop skills and put them to work, creating a vastly more productive workplace and economy. In this article, the authors recommend a “70/20/10” learning model, in which only 10% of learning comes from formal instruction (education), 20% from social learning or mentorship (exposure), and 70% from hands-on, experiential practice with feedback (experience).
Delegating consulting projects to new hires and subcontractors is prone to high levels of failure and frustration. The checklist below will help you deploy new resources better. You’ve won a big forecasting engagement from Mercator Projections, Inc. (hooray). However, since your consulting firm’s current capacity is insufficient to deliver the Mercator Projections projections project, you … Continued The post Hire/Subcontract Better [Consulting Firm Delegation Checklist] appeared first on
Advancy is hiring across roles. Want to get hired as an Advancy consultant? You’ll need to be prepared for the firm’s case interview process – keep reading for an ultimate guide to preparing for Advancy case interviews. Florent Dhôte, a… Read Article The post Advancy Case Interview Guide appeared first on Management Consulted.
Several people on LinkedIn commented on my post, Want Better and Faster Results? Increase Team Size and Reduce WIP. They wondered if adding more people to a small team would violate Brooks' Law. As with all good questions, the answer is “It depends.” It depends on how your lifecycle manages feedback loops and learning, how collaborative the team is, and how much WIP the team has.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
Curiosity is not just a medium by which we achieve professional success, it’s also imperative to unlocking purpose and meaning at work. Curiosity about ourselves, our work, and our colleagues is the key to unlocking the significance behind our work. Adopting the mindset of curiosity with the intention of discovering purpose is made possible through four simple practices: crafting your work, making work a craft, connecting work to service, and investing in positive relationships.
How do banks make money? Where does this money ultimately go? What is a bank really worth? In this 2-part series, we will address these questions. Firstly, by outlining the major items on a bank’s income statement, and then by discussing key ratios that are commonly used to measure profitability and to estimate the market value for banks. Bank’s Income Statement It’s important to note that banks have diverse product offerings and client types, and the reporting of business lines such as re
In this article, we dive into life sciences consulting at Advancy through a conversation with Kim Elbilia, a manager in the firm’s New York office. The firm does work in three main sectors within life sciences – biotech, pharma services,… Read Article The post Advancy’s Work In The Life Sciences Copy appeared first on Management Consulted.
My weekly 60 seconds of WIP: This one is also from the project lifecycles book. The post 60 Seconds of WIP, October 5, 2023 appeared first on Johanna Rothman, Management Consultant.
Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.
In their new book, Move Fast and Fix Things, Frances Frei and Anne Morriss outline five strategies to help leaders tackle their hardest problems and quickly make change. Their second strategy is to build — or rebuild — trust with your stakeholders. This means they need to believe three things: that you care about them (empathy), that you’re capable of meeting their needs (logic), and that you can be expected to do what you say you’ll do (authenticity).
If you’ve ever heard me talk at conferences, or on podcasts, you’ll know I feel strongly about the role of the people manager. In my experience, they can make working life great or extremely difficult. In a recent article I wrote for the print edition of HR Magazine, I talked about the productivity crisis being faced in the UK and elsewhere. I think a big part of this is down to the quality of management in organisations.
Extended Security Updates (ESUs) for Windows Server 2012/R2 via Azure Arc Windows Server 2012 and 2012R2 will reach End of Support on October 10, 2023. Ideally you’ll have all Win2012/R2 servers decommissioned, upgraded, or replaced by then, but if you find yourself in a situation where they have to remain running, and you need to ensure that the servers receive Extended Security Updates (ESUs) , Azure Arc may be an easy option.
Using someone else’s quote at the beginning of each chapter makes it appear that your points require an expert’s credibility, which you don’t have. If your book has no index, it’s obviously self-published, and not with much care. Dozens of testimonials are, well, a dime a dozen. You’re not a “best-selling author” because your book, sold a couple of thousand copies.
Savings Consultants are needed in today’s market more than ever. With an increase in expenses, businesses are looking for opportunities to save. Often unknown to businesses are savings in expense reduction, specialized tax savings, specialized savings including medical underpayments, health benefits cost reduction, zero cost processing, and more. Blue Coast Savings, with over 20 years in business, assists Savings Consultants in helping these companies move toward more profitable businesses.
Traditional job descriptions can’t keep up with the rate of change in real roles in today’s organizations. As new technologies disrupt processes and require new skills, and as companies are moving toward more and more project-based work, we are beginning to see the evolution of job descriptions away from static, holistic prescriptions that follow an employee for years to dynamic guidance that changes based on needs.
Positive Psychology in the Office: Building Stronger Teams and Better Health How can your organization build stronger teams and better health? Making small changes and implementing positive psychology in the […] The post Positive Psychology in the Office appeared first on Office Skills Training.
In my earlier article, “ Lessons Learned from Years of Creating Global Digital Empires® ,” I delved into the myriad ways I’ve been privileged to help clients craft compelling content and bolster their digital brands. The testimonials of some of those we’ve collaborated with stand as a testament to our work’s impact.
Winning new Government contracts requires that a company pursue them by tracking and chasing more of them if they want to grow the business. From a sheer numbers standpoint that makes sense. But from a strategic business development sense, that may mean more opportunities or a better, more focused approach rather than a shotgun method. From a strategic pricing viewpoint, it means becoming more creative about what you seek and how you structure the pricing, but it also likely means using more
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
Leaders who create doomsday scenarios out of everyday setbacks — what behavioral scientists call “catastrophizing” — risk spreading their anxiety to their teams. In this article, the author digs in to the psychological and physiological reasons behind this tendency to draw disastrous conclusions and presents several ways to address it: 1) Reflect on how you learned to expect the worst; 2) Create ways to interrogate faulty data; 3) Learn to regulate amid your catastrophizing; 4) Separate fears ro
Ever notice that you talk to yourself in statements that are often negative? Here are a few common ones I’ve heard from clients over the years: I can’t do that. That’s just not for me. I don’t know how. That would take me forever to learn. Nobody is interested. I don’t want to interrupt or bother people. I have heard all of these and more from clients.
It’s tempting to believe that we’re not easy to fool. Not by a magician, a politician or a banker. Other folks might be easily duped by a spammer or a hustler, but not us. And yet, no one fools you more than you. When you look in the mirror, do you see what others see, or is it possible you see someone far less (or far more) attractive than others do?
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In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a
Operations have always been foundational to competitive advantage, but the nature of this relationship is shifting: Historically, the strategic goal of operations was to achieve scale in order to create a sustainable efficiency advantage. In recent years, winners have focused more on ensuring their operations and strategies were adaptive to changing and unforeseen circumstances, with resilience driving outperformance.
Our latest podcast episode explores how the best leaders express authentic care to those on their team. We delve into genuine care beyond obligations, share stories of everyday heroes embodying this virtue, and discuss the impact of receiving care on a leader's ability. Curious about bridging the intention-perception gap in caring? We also share examples and give practical strategies on cultivating and effectively communicating authentic care.
To get to the Kebab House Cafe , you’ll need to drive past a dozen fast food restaurants, restaurants you can find off just about any interstate. It’s certainly less convenient to go a few blocks off the beaten path, but the food and service and vibe might be worth it. The thing is, it matters even more to them. The folks that work there, the ones who are building something they’re proud of.
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